Interest is already negative in Japan for years, and now it's negative on Europe too. The US is heading fast to this insane reality of negative interests too. S

Interest is already negative in Japan for years, and now it's negative on Europe too. The US is heading fast to this insane reality of negative interests too. Since 2008 the FED has multiplied the amount os dollars in circulation by what, 5-10 times? This created this crazy scenario where the Softbanks of the world see a business model that is clearly destined to fail and never be profitable, and still keep pouring money on it at higher and higher valuations. I live in Brazil, and the price these companies charge for the scooter rides here is totally out of our economic reality. I'm just waiting for this HUGE bubble to explode. UBER, Netflix, WeWork, Tesla to some extent. All multi billion dollar companies that never return profits to their investors. I for one am glad to be getting cheap UBER rides down here at the expense of the pension funds of millions of americans, but this can not go on forever. Since the end of 2019 I began to switch my investments to gold and wait for the crash. Trump gave me some help with this gold idea this week, so far so good ;-)